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  1. K

    Exam Feedback May 2017 Part 2 Exam Feedback

    For the more likely to default question, I dont remember the exact order but I used the formula ( Ln(V) - Ln(F))/volatility = Distance to default( when t=1). The results were quite close, but the higher the number, lower the default prob.
  2. K

    Exam Feedback May 2017 Part 2 Exam Feedback

    They were mostly on fixed income. I recall two questions based on fixed income mapping.
  3. K

    Exam Feedback May 2017 Part 2 Exam Feedback

    Questions related to cash flow mapping, duration mapping and principal mapping..
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